Supreme court dismisses curative petitions, telecom sector faces severe financial crisis, ET LegalWorld
In a landmark ruling, the Supreme Court of India rejected curative petitions filed by major telecom players, including Vodafone Idea and Bharti Airtel, concerning their dues related to Adjusted Gross Revenue (AGR). The judgment upheld the 2019 ruling, imposing massive financial obligations on these companies. Shimpy Arman Sharma, Partner at Anand Sharma & Associates, expressed […]
SC dismisses curative pleas by telecom firms on AGR computation, ET LegalWorld
In a jolt to telecom firms, the Supreme Court has dismissed a batch of pleas filed by companies, including Vodafone Idea and Bharti Airtel, seeking correction of alleged errors in the Adjusted Gross Revenue. A bench comprising Chief Justice D Y Chandrachud and Justices Sanjiv Khanna and B R Gavai also rejected the plea of […]